Nvidia Offers Compute Power for Revenue Shares as Global AI Race Intensifies

In a novel move to secure its dominance in the AI ecosystem, Nvidia has reportedly begun offering start-up customers access to its highly coveted compute power in exchange for revenue-sharing agreements. This program allows cash-strapped but promising AI firms to bypass high upfront hardware costs by essentially trading a slice of their future profits for current processing capacity. The move strengthens Nvidia's role not just as a supplier, but as a direct stakeholder in the success of the next generation of AI applications.

Parallel to this, European software giant SAP is undergoing a major strategic shift, reining in costs to funnel resources more aggressively into AI investments. The company, which has seen its shares struggle recently, is attempting to pivot its legacy business model toward the burgeoning field of generative AI and 'agentic' models. As established firms like SAP reorganize, new contenders like the Italian-born Bending Spoons are proving that deal-making and strategic acquisitions can build a $23 billion internet empire from struggling assets, culminating in a successful Nasdaq listing.

Geopolitics and regulation continue to hang over the sector. While Western firms navigate internal restructuring, Macquarie analysts have identified a 'best time' to buy Chinese AI chip stocks, specifically highlighting Hong Kong-listed Biren Tech as a top pick with significant upside potential. This comes despite ongoing tensions and export controls that have forced tech CEOs to call for clearer global AI rules, fearing that an unregulated environment might lead to unpredictable political interventions and tariffs that disrupt long-term planning.